Gartner Inc (IT)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,459,920 | 2,458,890 | 2,456,880 | 2,448,700 | 2,449,910 | 2,451,140 | 2,452,370 | 2,453,610 | 2,454,850 | 2,455,510 | 2,456,170 | 2,456,830 | 2,457,640 | 2,457,850 | 1,949,080 | 1,958,290 | 1,957,470 | 1,937,230 | 2,035,270 | 2,043,890 |
| Total stockholders’ equity | US$ in thousands | 1,359,170 | 1,064,680 | 718,174 | 680,634 | 566,638 | 586,506 | 472,858 | 227,798 | -64,926 | -142,867 | 118,153 | 371,058 | 334,507 | 527,638 | 891,594 | 1,090,430 | 1,037,500 | 991,219 | 890,275 | 938,593 |
| Debt-to-capital ratio | 0.64 | 0.70 | 0.77 | 0.78 | 0.81 | 0.81 | 0.84 | 0.92 | 1.03 | 1.06 | 0.95 | 0.87 | 0.88 | 0.82 | 0.69 | 0.64 | 0.65 | 0.66 | 0.70 | 0.69 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,459,920K ÷ ($2,459,920K + $1,359,170K)
= 0.64
The debt-to-capital ratio of Gartner Inc has shown fluctuations over the periods indicated in the data. The ratio started at 0.69 as of December 31, 2019, increased to 1.06 by June 30, 2022, and then decreased to 0.64 by December 31, 2024. This indicates a varying level of debt financing relative to the company's total capital structure during these periods.
It is important to note that a higher debt-to-capital ratio can signify greater financial risk as it suggests a larger portion of the company's capital structure is funded by debt. Conversely, a lower ratio may indicate lower financial risk but could also suggest limited growth opportunities due to underutilization of debt financing.
Analyzing the trend of the debt-to-capital ratio over time can help assess the company's capital structure management and risk exposure. Further investigation into the reasons behind the fluctuations in the ratio may provide insights into Gartner Inc's financing decisions, overall financial health, and strategic direction.
Peer comparison
Dec 31, 2024